House Passes Bipartisan Bill To Tackle America’s Housing Crisis

It also bolsters community banks, which play a vital role in local lending for construction and mortgages.

With the House now having passed its amended version, the bill returns to the Senate for consideration of the changes.

Senate leaders, including Banking Committee Chairman Tim Scott (R-S.C.) and Ranking Member Elizabeth Warren (D-Mass.), who helped craft the original ROAD framework, are expected to review the amendments quickly.

If the Senate concurs, the package heads to President Donald Trump for signature.

Both chambers have now demonstrated strong bipartisan support for housing reform.